Socastee, SC

Census Place

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2024 Population
23,796
US Senator
Lindsey Graham
Republican Party
US Senator
Tim Scott
Republican Party
2024 Poverty Rate
12.6%
3.9% 1-year decrease
2024 Median Household Income
$62,257
4.06% 1-year growth
2024 Median Property Value
$234,200
7.33% 1-year growth
2024 Employed Population
11,336
2.83% 1-year decline

About

None of the households in Socastee, SC reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

93.2% of the residents in Socastee, SC are U.S. citizens.

In 2024, the median property value in Socastee, SC was $234,200, and the homeownership rate was 65.9%.

Most people in Socastee, SC drove alone to work, and the average commute time was 20.6 minutes. The average car ownership in Socastee, SC was 2 cars per household.

United StatesSouth CarolinaHorry County, SCMyrtle Beach-Conway-North Myrtle Beach, SC-NCHorry (Central and South) County--Myrtle Beach City PUMA, SC

Population & Diversity

Socastee, SC is home to a population of 23.8k people, from which 93.2% are citizens. As of 2024, 9.71% of Socastee, SC residents were born outside of the country (2.31k people).

In 2024, there were 8.89 times more White (Non-Hispanic) residents (16.6k people) in Socastee, SC than any other race or ethnicity. There were 1.86k Two Races Including Other (Hispanic) and 1.76k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

93.2%
2024 Citizenship
92.8%
2023 Citizenship

As of 2024, 93.2% of Socastee, SC residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Socastee, SC was 92.8%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Socastee, SC compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Socastee, SC
  1. White (Non-Hispanic)
    16.6k ± 1.89k
  2. Two Races Including Other (Hispanic)
    1.86k ± 828
  3. Other (Hispanic)
    1.76k ± 718
18.6%
Hispanic Population
4.43k people

In 2024, there were 8.89 times more White (Non-Hispanic) residents (16.6k people) in Socastee, SC than any other race or ethnicity. There were 1.86k Two Races Including Other (Hispanic) and 1.76k Other (Hispanic) residents, the second and third most common ethnic groups.

18.6% of the people in Socastee, SC are hispanic (4.43k people).

The following chart shows the 8 races represented in Socastee, SC as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for South Carolina.
Most Common Origin
  1. Mexico
    63,986 ± 6,172 people
  2. India
    20,779 ± 3,532 people
  3. Honduras
    17,281 ± 3,222 people

In 2023, the most common birthplace for the foreign-born residents of South Carolina was Mexico, the natal country of 63,986 South Carolina residents, followed by India with 20,779 and Honduras with 17,281.

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Foreign-Born Population

9.71%
2024 Foreign-Born Population
2.31k people
9.6%
2023 Foreign-Born Population
2.37k people

As of 2024, 9.71% of Socastee, SC residents (2.31k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Socastee, SC was 9.6%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Socastee, SC compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    965 ± 419
  2. Gulf War (2001-)
    399 ± 224
  3. Gulf War (1990s)
    216 ± 170

Socastee, SC has a large population of military personnel who served in Vietnam, 2.42 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Socastee, SC.

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Economy

The economy of Socastee, SC employs 11.3k people. In 2024, the largest industries in Socastee, SC were Construction (1,931 people), Retail Trade (1,593 people), and Accommodation & Food Services (1,270 people), and the highest paying industries were Other Services Except Public Administration ($57,532), Public Administration ($56,250), and Finance & Insurance ($56,017).

Employment

Occupations

11.3k
2024 Value
± 1,075
−2.83%
1 Year decline
± 13.6%

From 2023 to 2024, employment in Socastee, SC declined at a rate of −2.83%, from 11.7k employees to 11.3k employees.

The most common job groups, by number of people living in Socastee, SC, are Sales & Related Occupations (1,646 people), Management Occupations (1,224 people), and Office & Administrative Support Occupations (1,147 people). This chart illustrates the share breakdown of the primary jobs held by residents of Socastee, SC.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for South Carolina.

This chart shows weekly unemployment insurance claims in South Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

11.3k
2024 Value
± 1,075
−2.83%
1 Year decline
± 13.6%

From 2023 to 2024, employment in Socastee, SC declined at a rate of −2.83%, from 11.7k employees to 11.3k employees.

The most common employment sectors for those who live in Socastee, SC, are Construction (1,931 people), Retail Trade (1,593 people), and Accommodation & Food Services (1,270 people). This chart shows the share breakdown of the primary industries for residents of Socastee, SC, though some of these residents may live in Socastee, SC and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$39,922
Median earning men ± $5,188
$34,734
Median earning women ± $4,016

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($64,167), Finance & Insurance, & Real Estate & Rental & Leasing ($56,918), and Public Administration ($51,875).

The industries with the best median earnings for women in 2024 are Public Administration ($56,402), Construction ($50,799), and Educational Services, & Health Care & Social Assistance ($50,065).

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Employment by Industry Sector

Data is only available at the state level. Showing data for South Carolina.
Y-Axis
2.54%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.26M people employed in South Carolina. This represents a 2.54% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.4%.

The following chart shows monthly employment numbers for each industry sector in South Carolina.

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Housing & Living

The median property value in Socastee, SC was $234,200 in 2024, which is 0.704 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $218,200 to $234,200, a 7.33% increase. The homeownership rate in Socastee, SC is 65.9%, which is higher than the national average of 65.2%.

People in Socastee, SC have an average commute time of 20.6 minutes, and they drove alone to work. Car ownership in Socastee, SC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$234,200
Median Property Value 2024
±$12,416
$6,015
Median Property Taxes
±$732

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Socastee, SC the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Socastee, SC compared to it's parent and neighbor geographies.

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Rent vs Own

65.9%
Homeownership
2024
66.9%
Homeowners with Mortgage
2024

In 2024, 65.9% of the housing units in Socastee, SC were occupied by their owner. This percentage grew from the previous year's rate of 63.6%.

This chart shows the percentage of owner in Socastee, SC compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$62,257
Median Household Income
± $8,778
9.13k
Number of Households
± 929

In 2024, the median household income of the 9.13k households in Socastee, SC grew to $62,257 from the previous year's value of $59,826.

The following chart displays the households in Socastee, SC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Socastee, SC is from South Carolina.
0.464
2023 Wage GINI in South Carolina
0.464
2022 Wage GINI in South Carolina

In 2023, the income inequality in South Carolina was 0.464 according to the GINI calculation of the wage distribution. Income inequality had a 0.102% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for South Carolina was lower than than the national average of 0.476. In other words, wages are distributed more evenly in South Carolina in comparison to the national average.

This chart shows the number of workers in South Carolina across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (79.7%)
  2. Carpooled (9.14%)
  3. Worked At Home (8.68%)

In 2024, 79.7% of workers in Socastee, SC drove alone to work, followed by those who carpooled to work (9.14%) and those who worked at home (8.68%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

20.6 minutes
Average Travel Time

Using averages, employees in Socastee, SC have a shorter commute time (20.6 minutes) than the normal US worker (26.4 minutes). Additionally, 1.88% of the workforce in Socastee, SC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Socastee, SC compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Socastee, SC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Socastee, SC have 2 cars.

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Poverty

Poverty & Diversity

12.6% of the population for whom poverty status is determined in Socastee, SC (2.98k out of 23.7k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females 35 - 44 and then Females 6 - 11.

The most common racial or ethnic group living below the poverty line in Socastee, SC is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

80.6% of the population of Socastee, SC has health coverage, with 26.4% on employee plans, 16.5% on Medicaid, 13.4% on Medicare, 22.9% on non-group plans, and 1.41% on military or VA plans.

Primary care physicians in South Carolina see 1,485 patients per year on average, which represents a 0% change from the previous year (1,485 patients). Compare this to dentists who see 1682 patients per year, and mental health providers who see 437 patients per year.

By gender, of the total number of insured persons, 50.2% were men and 49.8% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 19.4% under 18 years, 20.6% between 18 and 34 years, 39.3% between 35 and 64 years, and 20.7% over 64 years.

By gender, of the total number of insured persons, 50.2% were men and 49.8% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

19.4%
Uninsured
26.4%
Employer Coverage
16.5%
Medicaid
13.4%
Medicare
22.9%
Non-Group
1.41%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Socastee, SC declined by 4.8% from 20.3% to 19.4%.

The following chart shows how the percent of uninsured individuals in Socastee, SC changed over time compared with the percent of individuals enrolled in various types of health insurance.

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